The information is contained in the apex bank’s official website, www.cbn.gov.ng.
“This will be done through the provision of grants to biotechnological and pharmaceutical companies, institutions, researchers and research institutes.“The grants will support research and development of drugs, herbal medicines/medical devices and vaccines for the control, prevention and treatment of infectious diseases.”
The scheme provided for a maximum of N50 million grant earmarked for research activities and a maximum of N500 million grant for development and manufacturing.
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